Is Westlake, OH a good place to invest in rental property?

Westlake, OH has a median modeled monthly cash flow of $-1,028 and a median cap rate of 3.7%, on a median sold price of $410,000. Prices changed +2.8% year over year.

What is the average cap rate in Westlake, OH?

The median cap rate across recently sold homes in Westlake, OH is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Westlake, OH?

The median sold price in Westlake, OH is $410,000 (about $198 per square foot).

Investing in Westlake, OH Real Estate

A data-driven snapshot of the Westlake, OH rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$410,000Median sold price

$198Median $/sqft

3.7%Median cap rate

$-1,028Modeled cash flow / mo

+2.8%Appreciation YoY

6.5Months of supply

249Active listings

458Sold (last 12 mo)

What the Westlake numbers say

In Westlake, OH, the median home sold for $410,000 (about $198 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-1,028 of monthly cash flow. Sold prices moved +2.8% over the past year. Inventory sits at about 6.5 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 3 fix-and-flip deals in Westlake — listings where the estimated after-repair value beats list price + rehab.

Other Ohio markets to compare

See Westlake cash-flowing listings

CashFlowRE ranks every for-sale home in Westlake, OH by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Westlake deals, or browse the national market data.